Europe Neuromodulation Medical Device Market 2024-2030

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    EUROPE NEUROMODULATION MEDICAL DEVICE MARKET

    INTRODUCTION

    Therapeutic neuromodulation is defined by the International Neuromodulation Society as the modification of nerve activity by the targeted delivery of a stimulus, such as electrical stimulation or chemical agents, to particular neurological locations in the body.

     

    In the right individuals, this emerging class of treatments can help restore function or reduce symptoms with a neurological foundation.Neuromodulation devices activate nerves by regulating aberrant neural pathway behavior induced by the illness process, using pharmacological drugs, electrical impulses, or other kinds of energy.

     

    Relief of pain, restoration of function or normal bowel and bladder control, Parkinson’s and tremor control, and other profound effects occur. Specific neural circuits in the brain, spine, or peripheral nerves are stimulated by the reversible treatment. The therapy may be non-invasive or minimally invasive, depending on the aim.

     

    Neuromodulation treatments, whether implanted or external, can assist restore neurological balance in the same way that a cardiac pacemaker or defibrillator corrects irregular heartbeats.Spinal cord stimulation is the most often used neuromodulation therapy for persistent neuropathic pain.  

     

    Other neuromodulation treatments now used or being researched include deep brain stimulation for essential tremor, Parkinson’s disease, dystonia, epilepsy, and disorders such as depression, obsessive compulsive disorder, and Tourette syndrome; sacral nerve stimulation for pelvic disorders and incontinence; and gastric and colonic stimulation for nausea and vomiting.

     

    Vagus nerve stimulation for epilepsy, obesity, or depression; carotid artery stimulation for hypertension; and spinal cord stimulation for ischemic illness such as angina and peripheral vascular disease.

     

    Neuromodulation therapy may be considered for select patients after a multidisciplinary evaluation, either as an adjunct to other care or when symptoms do not respond adequately to more conservative measures, such as when existing drugs are ineffective or become problematic for long-term use due to tolerance, addiction, adverse side-effects, or toxicity.

     

    Neuromodulation treatment is still being refined and researched to better understand its effects and uses. Electrical neurostimulation implants are thought to trigger natural biological reactions in the neural system, such as nerve transmission and the production of the body’s own pain-relieving chemicals.

     

    Thin insulated wires implanted beneath the skin and topped by electrical contacts are crucial to the operation of electrical-stimulation implants. The contacts, which are no larger than a grain of rice in size, are placed next to the nerve or nerves that impact the ailment being treated. Mild electrical current pulses are delivered to the nerves through the leads.

     

    The pulses are powered by a battery-powered generator the size of a stopwatch. If a patient reacts favorably after many days of trial therapy, a pulse generator of this type will be implanted as well. Following the implantation of the device, a doctor will work with the patient to programme the stimulation pattern, which may be changed over time. Patients at home use hand-held controllers to turn off or switch appliances.

     

    In the case of pharmacological agents delivered via implanted pumps, such as pain relief or anti-spasm agents, medication can be given in smaller doses because it does not have to be absorbed through the intestines and then pass through the liver, as with a drug taken orally, before circulating to the target area. Smaller dosages, such as 1/300th of an oral dose, can result in fewer side effects, enhanced patient comfort, and improved quality of life. Patients return on a regular basis to have the medication reservoir replenished. 

     

    Patients will be instructed to keep an eye out for any consequences, such as symptoms of infection or a mechanical problem, and their carers should contact the implant provider if they have any queries about this or other therapies.

     

    EUROPE NEUROMODULATION MEDICAL DEVICE MARKET SIZE AND FORECAST

     

    infographic: Europe Neuromodulation Medical Device Market , Europe Neuromodulation Medical Device Market Size, Europe Neuromodulation Medical Device Market Trend, Europe Neuromodulation Medical Device Market ForeCast, Europe Neuromodulation Medical Device Market Risks, Europe Neuromodulation Medical Device Market Report, Europe Neuromodulation Medical Device Market Share

     

     

    The Europe Neuromodulation Medical Device Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    EUROPE NEUROMODULATION MEDICAL DEVICE MARKET NEW PRODUCT LAUNCH

    The European commercial launch of the Evoke ECAP-Controlled, Closed-Loop Spinal Cord Stimulation (SCS) System for the treatment of chronic pain has been announced by Saluda Medical Pty Limited. The Netherlands completed the world’s first commercial implants. Evoke is the first closed-loop SCS system that analyses the spinal cord’s reaction to stimulation (through ECAPs, or evoked compound action potentials) and changes activation within the patient’s therapeutic window on every pulse. 

     

    Saluda Medical Pty Limited announced the CE Mark award and European commercial launch of the Evoke ECAP-Controlled, Closed-Loop Spinal Cord Stimulation (SCS) System for chronic pain therapy. The Netherlands completed the world’s first commercial implants.

     

    Evoke is the first closed-loop SCS system that monitors the reaction of the spinal cord. stimulation (through ECAPs, or evoked compound action potentials) and modulates activation within the patient’s therapeutic window on each pulse.

     

    Saluda Medical is a worldwide medical device firm focusing on patient outcomes, research, and engineering with a platform of closed-loop solutions based on the evoked compound action potential (ECAP) to change the neuromodulation market. Evoke, Saluda’s initial product, is the first Closed-Loop Spinal Cord Stimulation (SCS) System. 

     

    As established in the Avalon Study, Evoke monitors the spinal cord’s reaction to stimulation (ECAP), adjusts on every pulse to optimise activation within the patient’s therapeutic window, and sustains long-term effects through ECAP management. Evoke is CE marked and commercially accessible in the EU. Evoke is now being studied in the United States as part of the first double-blind, randomised trial.

     

    EUROPE NEUROMODULATION MEDICAL DEVICE MARKET COMPANY PROFILES

    THIS EUROPE NEUROMODULATION MEDICAL DEVICE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many  Europe Neuromodulation Medical Device Market are manufactured per annum in Europe? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Europe Neuromodulation Medical Device Market  and key vendor selection criteria
    3. Where is the Europe Neuromodulation Medical Device Market  manufactured? What is the average margin per unit?
    4. Market share of Europe Neuromodulation Medical Device Market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Europe Neuromodulation Medical Device Market in-house
    6. 5 key predictions for next 5 years in Europe Neuromodulation Medical Device Market
    7. Average B-2-B  Europe Neuromodulation Medical Device Market price in all segments
    8. Latest trends in  Europe Neuromodulation Medical Device Market, by every market segment
    9. The market size (both volume and value) of the  Europe Neuromodulation Medical Device Market in 2024-2030 and every year in between?
    10. Production breakup of  Europe Neuromodulation Medical Device Market, by suppliers and their OEM relationship
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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